Overview
This Condo Tax Lien is located at Catalina Rd Apt 403, Cocoa Beach, FL 32931. This property is Tax Lien with an estimated market value of $253,358.
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This condo property is available as a tax lien at Catalina Rd Apt 403. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Cocoa Beach, specifically for Catalina Rd Apt 403 and comparable listings. Based on this expert analysis, the estimated market value is $253,358. If purchased for rental purposes, the monthly rental rate could range between $1,160 and $1,560, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Catalina Rd Apt 403 are updated daily along with others in Cocoa Beach, Florida, ensuring you have the most current and accurate information.
There are 3 schools in the area. Nearby schools include Cocoa Beach High School and Cape Canaveral Elementary School.
There are plenty of activities near this property like Cocoa Beach Public Library, Cocoa Beach Community Center, and more.
Public transportation options include: Brevard County Transit (Space Coast Area Transit) offers bus routes throughout Cocoa Beach and surrounding areas, providing access to local attractions.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Cocoa Beach Park, Robert P. Murkshe Memorial Park and more.
Services available in the area include cellular and internet options.
The property located at Catalina Rd Apt 403 in Cocoa Beach, FL is listed as a Tax Lien
The property located at Catalina Rd Apt 403 in Cocoa Beach, Florida has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Catalina Rd Apt 403 located in Cocoa Beach, FL is $1,408/month. Comparable homes around Catalina Rd Apt 403 that are rentals have monthly ranges starting as low as $1,160 per month and as high as $1,560 per month. An owner looking to use this property as an investment could bring a return in the area of $1,160 - $1,560 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 05/31/24 | Tax Lien |
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N Forestview Ave
Chicago, IL
| 3 BEDS |
2 BATHS |
1,294 SQUARE FEET |
Single-Family PROPERTY TYPE |
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